This has upsides as you can get cheaper capital from banks, however it complicates the decision making process as both (or all) parties have to agree on many things through out the process of buying as well as operating the property.I would be happy to speak with you more if you would like some additional general information. 

It really depends on the lender, the project and the relationship between the two parties. 

Even if you’re using an agent it’s not likely your status as an agent should have an impact since the other parties agent should be the one looking out for their best interest.

With the right to renegotiate to longer period as long as both parties agree of course.

I think the hard part is finding the good ones, so if you have quality contacts for me, they would be most appreciated, thank you.

I am looking at the inventory and there aren't many 3 bed 1.5 bath units in the 3k range.There were two parties who were willing to pay the asking price of $3200 but had a pet.

Ultimately, like you alluded to, the enforcement comes down to neighbors and parking (and maybe parties), but I was just curious about the law's technicalities.

Gathering the knowledge and confidence to feel like it's an investment decision rather than a gamble is the part I need to overcome. 

I would think that the worse part is that the monthly price is twice what one would expect for a 30 year mortgage so that will scare someone off. 

But I’m still a little confused on the cash flow part. I